Question

What is the rate of discount when marked price = $1500 and selling price = $1080?​

Answer 1

Discount = 28%

Step-by-step explanation:

GIVEN

Marked Price = $1500

Selling Price = $1080

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TO FIND

Discount rate

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We know that,

We know that,

Percent = part / whole × 100

Percent = 1080 / 1500 / 100

Percent = 0.72 × 100

Percent = 72

Percent = 72%

Discount = 100 - 72

Discount = 28

Discount = 28%

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Important

If part value and total value is given and we need to find percent

Then,

Percent = part / whole × 100

If percent and total value is given and we need to find part value

Then,

Part value = percent × whole / 100

If percent and part value is given and we need to find part value

Then,

Whole = part / percent × 100